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Technology Stocks : Conductus (NASDAQ: CDTS) superconductors

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To: Rob Pierce who wrote (308)5/14/2000 6:46:00 AM
From: Steve Lee   of 352
 
From the just released 10Q "we expect to incur significant additional losses during the remainder of 2000".

I have a memory of someone at Conductus (or was it an analyst) stating that CDTS may reach profitability during 2000. Anyone else remember this? Is the change in outlook a contributor to the losses lately?

I dumped the last of my CDTS at 17, hoping to reestablish a position lower, not expecting today's levels. Having read the 10Q, I am likely to wait for further signs of profits. I guess others will do the same so CDTS could go much lower. If so, there should be a good opportunity for another rocketing price increase when/if profitability becomes visible again....
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